CITIC Securities: Launch of Commercial Spaceflight Department Marks Functional Consolidation in Satellite Industry
2025-11-23 / Read about 0 minute
Author:小编   

A research report from CITIC Securities reveals that the official website of the State Administration of Science, Technology, and Industry for National Defense (SASTIND) has posted a recruitment notice for the "Spaceflight Supervision Role at the Commercial Spaceflight Department," signaling the formal establishment of this department. Medium-sized carrier rockets, poised for their inaugural launch, are expected to enable extensive constellation networking. Presently, both the GW and Qianfan constellations boast over a hundred satellites in orbit, with applications on the brink of deployment. CITIC Securities anticipates that the formation of the Commercial Spaceflight Department will streamline functions across various departments, harmonize and supervise the growth of the satellite industry, and boost the efficiency of critical process advancements.